Russia

Today in Food Commerce: Amazon Turns Focus to Grocery; F&B Businesses Remove Russian Brands
Today in Food Commerce: Amazon Turns Focus to Grocery; F&B Businesses Remove Russian Brands
March 03, 2022  |  Commerce

Today in food commerce, restaurants and grocers respond to Russia, and Kroger looks to personalized rewards to maintain customer loyalty in the face of pricing...

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Amid War in Ukraine, Crypto Regulation Refocuses on the Dark Side of Digital Assets
Amid War in Ukraine, Crypto Regulation Refocuses on the Dark Side of Digital Assets
March 03, 2022  |  Regulation

A month ago, the argument about how to regulate cryptocurrencies was solidifying as one that cast the need for strong consumer protection against the need...

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Responding to Russia, Food Businesses Rethink Product Assortment, Logistics
Responding to Russia, Food Businesses Rethink Product Assortment, Logistics
March 03, 2022  |  Business

As businesses across industries boycott Russia in response to the Ukraine invasion, food and beverage businesses are making changes to everything from product assortment to...

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Binance Won’t Take Sanctioned Russian Banks’ Cards on Crypto Platform
Binance Won’t Take Sanctioned Russian Banks’ Cards on Crypto Platform
March 03, 2022  |  Cryptocurrency

Cryptocurrency exchange Binance said Thursday (March 3) that it won’t allow cardholders from several sanctioned Russian banks to use them on the platform, adding they...

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As Payments Firms Disclose Russia Exposure, Wall Street Takes Stock
As Payments Firms Disclose Russia Exposure, Wall Street Takes Stock
March 03, 2022  |  International

Wall Street hates uncertainty, goes the saying. One key uncertainty investors hare is what happens in times of geopolitical crisis and in times of military...

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Ukraine’s Central Bank Reports ‘Smooth Functioning’
Ukraine’s Central Bank Reports ‘Smooth Functioning’
March 03, 2022  |  International

Ukraine’s banking system has managed to stay strong amid Russia’s invasion, the country’s central bank’s governor said Thursday (March 3). As Reuters reported, Kyrylo Shevchenko...

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Russian Companies Scramble to Open Chinese Bank Accounts
Russian Companies Scramble to Open Chinese Bank Accounts
March 03, 2022  |  International

Russian companies are scrambling to open accounts with a Chinese state bank in Moscow as a way to escape international sanctions imposed following Russia’s invasion...

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EU Eyes Tougher Measures to Block Crypto Use to Circumvent Sanctions
EU Eyes Tougher Measures to Block Crypto Use to Circumvent Sanctions
March 02, 2022  |  Cryptocurrency

The EU will be looking at new ways to make sure digital assets aren’t used to dodge sanctions against Russia, a Financial Times report said...

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Rich Russians Turn to High-End Jewelry, Watches to Preserve Wealth
Rich Russians Turn to High-End Jewelry, Watches to Preserve Wealth
March 02, 2022  |  International

The Russian wealthy class, attempting to avoid the plummeting value of the ruble, are buying luxury jewelry and watches to retain the value of their...

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